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the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price guarantee. that's your receipt from another store? it is! let's put it to the test. alright! that's walmart's everyday low price. get out! ok, but i'm taking these! ready? yes. there you have it! that much? that's the walmart low price guarantee. see for yourself. bring in your last receipt and see how much you can save. be ready. with the season's tastiest brands. like nestle toll house morsels. bake the very best this season. walmart has everything you need to be ready for holiday hosting. with our low price guarantee b
the u.s. supports and rejects. i will talk to bobby gauche. a "wall street journal" poll being released tonight, the question, do you think leaders in congress should compromise or stick to their positions when it comes to the budget deficit? that is the question. how would you answer? we will show you the results of our poll. i will show you the conversations on twitter. it's on tamronhall. the holidays are here and we're here with cyreeta talking about the walmart low price...
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u.s. was surprised of the launch came tonight. what are you hearing from the pentagon? >> they had eyes on in the whole time temperature u.s. satellites, u.s. ship radars were in the area. but, in fact, this is becoming in the last couple of hours a little more complex than first anticipated. u.s. intelligence official tells cnn now it does appear that north korea completed all the launch stages. so this official is not elaborating yet on whether that meant the rocket went in to orbit. we have talked to other officials who have confirmed to us at this hour they are still scouring u.s. military, u.s. intelligence through all of the data, all the u.s. satellites data trying to get confirmation, if you will. in other words, u.s. satellites and u.s. intelligence to be able to confirm whether north korea did launch a satellite, a third stage of the rocket in to orbit. that's the key right now. that's what they are trying to figure out. i'm thold is becoming a tougher problem than they originall
u.s. was surprised of the launch came tonight. what are you hearing from the pentagon? >> they had eyes on in the whole time temperature u.s. satellites, u.s. ship radars were in the area. but, in fact, this is becoming in the last couple of hours a little more complex than first anticipated. u.s. intelligence official tells cnn now it does appear that north korea completed all the launch stages. so this official is not elaborating yet on whether that meant the rocket went in to orbit. we...
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we believe that u.s. oil production is entirely due to the horizontal drilling in the shales is going to grow by about 2 million barrels a day in aggregate for the whole industry over about a four-year period, 2011 through 2015. and that's going to be the largest growth we've seen in a long time. even today, we're at a peak production that we haven't seen for 15 years in the united states due to this horizontal drilling boom. it's taken us a long way. and i believe by 2020 we have a real good chance in the u.s. to be north american oil independent. and fundamentally what that means is we won't be relying on opeq oil imports by 2020. we're going rely on canadian imports plus burgeoning u.s. production. that is a major major change in the united states energy picture. >> now mark, one of the things that i've learned from you is that the numbers that we often see are radically understated. the government will put out numbers. it seems like every time they put out numbers they're well behind. what is the disc
we believe that u.s. oil production is entirely due to the horizontal drilling in the shales is going to grow by about 2 million barrels a day in aggregate for the whole industry over about a four-year period, 2011 through 2015. and that's going to be the largest growth we've seen in a long time. even today, we're at a peak production that we haven't seen for 15 years in the united states due to this horizontal drilling boom. it's taken us a long way. and i believe by 2020 we have a real good...
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it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our ghost buster, fed buster guy. >> i was shocked by the decision. is this qe inifiti we're on right now? melissa: i don't know. >> we've had such a huge deluge of liquidity into the market. and the fed, a lot of people know this that the fed already owns about a trillion dollars worth of federal 30-year treasury securities on its book and it will now purchase 40 billion more a month. that is fancy way of saying what we're doing right now, melissa, we're monetizing our debt. melissa: yeah. >> treasury department is issuing the debt and federal reserve is purchasing the
it is dropping $45 billion a more a month on u.s. treasurys. inflation and ballooning balance sheets be damned! i can't keep track anymore of all the it tried to jolt the economy into recovery with very little to show for it i might add. is it time to call in the fed busters to stop ben bernanke from messing with our economy? i like that. joining me nariman bear verb, ihs chief economist and steve moore from the "wall street journal" steve, seems like you are the guy that likes our...
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last week, u.s. officials said there was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in flames, destroyed, and a portion of the nearby freeway was damaged. officials say the area within 1,000 feet of the explosion site was evacuated. many of the surrounding area still without power. people were treated for smoke inhalation. no major injuries, amazingly, where reported in that natural gas line blaze. >>> the national transportation safety board, of course, will launch an investigation. >>> and finally, grammar winner and virtuoso star ravi shankar has died. you've probably heard his influence in the most fam
last week, u.s. officials said there was evidence that the syrian government was preparing for potential chemical weapons, but yesterday, defense secretary leon panetta said new intelligence shows they may be backing off. >>> well, now to west virginia. did you see this? a national gas line exploded in a town just ten miles north of charleston. at first, witnesses thought a plane had crash, as the flames shot up over 75 feet in the air before it was put out. at least five homes up in...
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the u.s. and most outsiders regard as a thinly disguised test of a ballistic missile. now, the rocket was fired this morning shortly before 10:00 a.m. local time. it went on a trajectory over the japanese island of okinawa and quickly provoked expressions of anger and outrage from japan and korea, which convened meetings of security officials. the u.s. described it as a provocative act threatening regional security. now, north korea, for their part, quickly said that it was a success, that the satellite is in orbit, unlike a test earlier this year when the rocket burned up on launch. the u.s. experts have conceded that an object is, indeed, in orbit and that even the chinese have expressed regret today, lynn. >> ian williams there live for us in beijing. ian, thanks so much. >>> back here at home, michigan is now the 24th state in america with a right-to-work law. despite protests of angry union supporters, state lawmakers passed the legislation. this means both private and public workers do n
the u.s. and most outsiders regard as a thinly disguised test of a ballistic missile. now, the rocket was fired this morning shortly before 10:00 a.m. local time. it went on a trajectory over the japanese island of okinawa and quickly provoked expressions of anger and outrage from japan and korea, which convened meetings of security officials. the u.s. described it as a provocative act threatening regional security. now, north korea, for their part, quickly said that it was a success, that the...
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the u.s. and many western nations recognized new opposition coalition as the legitimate representative of the syrian people. but there is already disagreement over the designation of a rebel group as terrorist. police in suburban portland, oregon, identified the young man who fatality shot two people and himself at a shopping mall tuesday. but they say they do not know why jacob tyler roberts opened fire with a semi-automatic rifle. a man who bought the gun that killed border patrol argentina brian terry two years ago has been sentenced to 57 months in prison. "special report" from washington starts at 6:00 p.m. eastern. now back to new york and "the five." ♪ ♪ >> greg: can somebody invent new christmas songs? is there a limb, we only have 12? anyway, i'm tired. i'm tired. >> bob: so is kimberly. >> kimberly: hey! >> greg: only 12 christmas songs. >> eric: 12-12-12. >> dana: divided by two is six. >> greg: do most americans think santa claus is a democrat? 44% believe the jolly man of heft
the u.s. and many western nations recognized new opposition coalition as the legitimate representative of the syrian people. but there is already disagreement over the designation of a rebel group as terrorist. police in suburban portland, oregon, identified the young man who fatality shot two people and himself at a shopping mall tuesday. but they say they do not know why jacob tyler roberts opened fire with a semi-automatic rifle. a man who bought the gun that killed border patrol argentina...
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cheney went right at u.s. foreign policy, letting folks know his view of the middle east hasn't changed much. >> that entire part of the world appears to be moving in a direction that's fundamentally hostile to long-term u.s. interest. and yet we are -- seem to be unable to influence events in that part of the world. partly because we're headed for the exits and everybody knows it. >> what's cheney's solution to bringing stability to the middle east, endless war? >> we pulled out of iraq, we didn't bother to negotiate the stay behind agreement. we're well on our way out of afghanistan. and we have had a president who has been to cairo, one of the first things he did to apologize for the u.s. reaction to 9/11. alleged that we had overreacted. >> not only is cheney advocating for keeping our troops in iraq and afghanistan indefinitely but making stuff up to prove his point, as steve bennett points out. obama never said the united states overreacted to 9/11 or did he apologize for our actions. >> 9/11 was an enor
cheney went right at u.s. foreign policy, letting folks know his view of the middle east hasn't changed much. >> that entire part of the world appears to be moving in a direction that's fundamentally hostile to long-term u.s. interest. and yet we are -- seem to be unable to influence events in that part of the world. partly because we're headed for the exits and everybody knows it. >> what's cheney's solution to bringing stability to the middle east, endless war? >> we pulled...
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if conservatives did that in the u.s. capitol, they would go to jail. >> i think they would both be wrong and i agree with you it hurts the labor union. as a pro labor democrat that's correct kind ever activity doesn't persuade undecided people. it turns off those people. so are they are hurting the labor movement by that kind of action. >> thank you both. >> thank you. >> i'm going to proven this point tomorrow night and i'll give you all the instances where the left has used violence and extreme rhetoric and then we will compare it to some of the tea party rallies. if you have a specific instance, you have my e-mail, private. >> i do have your right e-mail. i don't say it on television, though. >> i appreciate that. j. c.uous will be up next. and we continue to monitor north korea missile launch they had earlier tonight. and we will head back to michigan with a live report of today's battle of the right to bourque unfolds. and we are awaiting a live news conference regarding the mall shooting in portland, oregon. three
if conservatives did that in the u.s. capitol, they would go to jail. >> i think they would both be wrong and i agree with you it hurts the labor union. as a pro labor democrat that's correct kind ever activity doesn't persuade undecided people. it turns off those people. so are they are hurting the labor movement by that kind of action. >> thank you both. >> thank you. >> i'm going to proven this point tomorrow night and i'll give you all the instances where the left...
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talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of
talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket,...
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but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and in terms of making a nuclear war head signal enough to fit on the end of that missile. but the real danger is what it may do with this technology in terms of giving it over to other nations. >> chris lawrence, thank you. >>> john berman with other stories making news. >>> the united states officially recognizing syria's opposition coalition as the representative of the syrian people. it's just a show of support. it is does not mean america will arm rebel forces. president obama talked about why the decision was made right now. >> the syrian opposition coalition is now inclusive enough. reflective and representative enough of the syrian population, that we consider them the legitimate representative of the syrian people in
but a u.s. efficiently i spoke with who used to work on north north korea for the defense department told me, there are still areas in which north korea has not made it as far as they would need to in terms of getting an accurate rocket, in terms of getting heat shielding, and in terms of making a nuclear war head signal enough to fit on the end of that missile. but the real danger is what it may do with this technology in terms of giving it over to other nations. >> chris lawrence, thank...
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in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended 57 months and that's what the judge accepted. basically the guy was in court in his jumpsuit -rblgs he spok jump jumpsuit, he spoke to the family, said he was sorry and he's moving on. jenna: you wonder if that plea sraoeudz the family any solace after losing their son. more of the story as we get it thank you. jon: breaking news out of syria. leland vittert has that live for us from geralds. >> reporter: right now, jon the obama administration is now officially recognized syrian opposition as a legitimate rep
in all the u.s. bureau of alcohol, tobacco and firearm, or atf helped traffic 2100 weapons and 24,000 rounds of ammunition from u.s. gun stores to mexican cartels in operation fast and furious. five men are charged in terry's murder, two are in custody, three are at large in mexico. one has pled guilty, he'll likely get life in prison. as for after virginia louisiana he was not charged in terry's death. he pled guilty to conspiracy and dealing guns without a license. the prosecutors recommended...
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a u.s. official confirming that the object north korea launched is in orbit. north korea says it's a scientific satellite, but the u.s. believes that the launch is a cover for testing ballistic missile technology. we'll bring in chris lawrence from the pentagon to talk about what does this mean here? what is the significance of this launch? >> suzanne, basically it puts north korea one step closer to developing a long-range missile that could one day carry a nuclear warhead. they have missiles that conceivably have a range to hit alaska or even u.s. bases in hawaii. u.s. officials i've been speaking with say there's still a gap. in order to try to marry their nuclear program with the missile, even though it was successful in this particular test, because they would still have to try to miniaturize a nuclear warhead to go on top of the missile. they've had no real success with testing a heat shield to get it back into the atmosphere once it leaves, and also working on accuracy issues to be su
a u.s. official confirming that the object north korea launched is in orbit. north korea says it's a scientific satellite, but the u.s. believes that the launch is a cover for testing ballistic missile technology. we'll bring in chris lawrence from the pentagon to talk about what does this mean here? what is the significance of this launch? >> suzanne, basically it puts north korea one step closer to developing a long-range missile that could one day carry a nuclear warhead. they have...
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u.s. military which monitors the activity of that isolated nation says it looked like an object was placed into orbit. so let's get up-to-date. chris lawrence is at the pentagon. >> we're getting better and new information about that north korean launch. u.s. officials now saying that the satellite that north korea put into space is now in polar orbit. norad has been monitoring it with its space sensors. remember, they tried a rocket launch earlier this year back in april. they did not have much success. this is the first time they have seen all three stages of that rocket launch work and be able to put a satellite into orbit. it sounds very benign, putting a satellite into orbit is not something that you would think of that has military connotations. but the same technology that you use to put a satellite into orbit is really the same kind of technology that you would use to build a long range nuclear missile. >> and the timing appears to have been some kind of surprise to u.s. officials.
u.s. military which monitors the activity of that isolated nation says it looked like an object was placed into orbit. so let's get up-to-date. chris lawrence is at the pentagon. >> we're getting better and new information about that north korean launch. u.s. officials now saying that the satellite that north korea put into space is now in polar orbit. norad has been monitoring it with its space sensors. remember, they tried a rocket launch earlier this year back in april. they did not...
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the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a north korean satellite to orbit around the earth. they clearly achieved one goal raising everyone's anxiety level. >> this is a step towards the ability to build a long-range missile that could strike parts of the united states. >> but i don't think this really was a great advance forward. i think in terms of the per accepting in north korea, this has changed the way the neighbors think about it. >> in an interview with erin burnett, defense secretary leon panetta wasn't about to say this three-stage rocket launch was a success for jim jong-un. >> we still have to assess what happened here. most imp
the u.s. military, the intelligence committee have been watching north korea for days now 24/7 because they did expect to launch and they announced it. but they were having technical problems so a lot thought it wouldn't happen until next week. when it happened last week, there was a surprise. the north korean anchor's excitement was clear. >> announcing the launch of a long-range rocket that put a north korean satellite to orbit around the earth. they clearly achieved one goal raising...
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. well, well well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for life. only $29 a month for six months. rethink possible. >> your realtime captioner: linda marie macdonald >>> good morning. it's 7:56. i'm michelle griego with your cbs 5 headlines. >>> a newborn baby is being treated at a san francisco hospital this morning. according to reports, the infant's mother handed the baby to a man on the street around 2 a.m. and ran away. the mother eventually made it to the hospital but she could face child endangerment charges. the baby is expected to survive. >>> you can catch a ride to hollywoo
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. well, well well. growing up, we didn't have u-verse. we couldn't record four shows at the same time. in my day, you were lucky if you could record two shows. and if mom was recording her dumb show and dad was recording his dumb show then, by george, that's all we watched. and we liked it! today's kids got it so good. [ male announcer ] get u-verse tv with a total home dvr included free for...
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one for u.s. viewers on the statistics, u.s. in 2012, it's producing 6.5 million barrels of oil equivalent. that is the highest levels in 15 years. set in 2013 to produce over seven million barrels, the highest levels in 20 years. no wonder paperworkopec's worri demand. >> especially with the situation with shale and natural gas and everything. thank you very much. >>> coming up, the fiscal cliff, the dividend tax rate, a power company ceo will tell us about his biggest concern if a deal doesn't get done by the end of the year. >>> also, what the ceo of walmart thinks about that, as well. he had really explosive data. mike duke last night. we'll bring it to you. "squawk box" is coming back. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, an
one for u.s. viewers on the statistics, u.s. in 2012, it's producing 6.5 million barrels of oil equivalent. that is the highest levels in 15 years. set in 2013 to produce over seven million barrels, the highest levels in 20 years. no wonder paperworkopec's worri demand. >> especially with the situation with shale and natural gas and everything. thank you very much. >>> coming up, the fiscal cliff, the dividend tax rate, a power company ceo will tell us about his biggest concern...
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from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around >>> good morning i'm eric thomas. wet weather expected throughout the bay area during the day. meteorologist lisa argen has the forecast. >>> good morning. showers off the coast north bay, area from page mill road, cupertino, sunnyvale into campbell where we have wet weather, scattered lighter showers into gilroy, mid 50s. >>> bumper-to-bumper 80 westbound accident at gilman involving motorcycle off to the shoulder but the damage is done slow on eastbound freeway, northbound 880 at 92, accident blocking santa rosa south 101 at herarn accident lane two. >> we'll be back with details >>> today share holiday drive at abc7. let's check in with kristen sze in union square. how is it out there? >>> it is going great look at all these volunteers ready to take your donations. even though it is so early a lot of folks have come by to help us fill these bins. corn fl
from the u.s. postal service. because it's nice to have an extra pair of hands around for the holidays. because it's nice to have an extra pair of hands around >>> good morning i'm eric thomas. wet weather expected throughout the bay area during the day. meteorologist lisa argen has the forecast. >>> good morning. showers off the coast north bay, area from page mill road, cupertino, sunnyvale into campbell where we have wet weather, scattered lighter showers into gilroy, mid...
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he told u.s. troops president obama will make a decision about how many troops will stay in afghanistan past 2014 in a few weeks. >>> he bought two rifles found at the scene of brian terry's murder and today he'll come face-to-face with the border agent's family. a judge expected to sentence the man to ten years behind bars. he was part of that 20-person ring that was buying guns and smuggling them into mexico as part of the botched fast and furious program. terry's cousin plans to speak at the sentencing and push for the maximum sentence. >>> the u.s. launching an unmanned spacecraft into space for another top secret mission. >> and lift-off, lift-off of the united launch alliance atlas 5 rocket carrying the third ot mission. >> gretchen: the air force won't kay say what it will do, only that it's testing new technology in space. some speculate that the secret shuttle could be collecting intelligence on other satellites. no word on how long it will be in orbit. it spent seven months in space on i
he told u.s. troops president obama will make a decision about how many troops will stay in afghanistan past 2014 in a few weeks. >>> he bought two rifles found at the scene of brian terry's murder and today he'll come face-to-face with the border agent's family. a judge expected to sentence the man to ten years behind bars. he was part of that 20-person ring that was buying guns and smuggling them into mexico as part of the botched fast and furious program. terry's cousin plans to...
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. >> opec and the fed, hey, u.s. production up. let's go to sharon epperson at the nymex. >> oil has really been on the move since the open a few minutes ago. not so much opec, which still packed with the current quota around 30 million barrels per day, it is producing more than that. but we are hearing, of course, from opec itself that saudi arabia has reduced its production in november to the lowest level in a year. so that seems to be a way that they will adhere closer to the current quota. we're also looking at the latest report from the international energy agency which may have more of an impact where oil prices are going in this session. they're looking for slightly demand in 2013. and they're pointing to china for the reason. we're anticipating we'll get the report from the energy department at 10:30 a.m. on oil supplies. the expectation is for a slight decline in food supplies. but we did see a major build in the industry report, if that is confirmed we could see these gains short-lived. back to you. >> all right. thank yo
. >> opec and the fed, hey, u.s. production up. let's go to sharon epperson at the nymex. >> oil has really been on the move since the open a few minutes ago. not so much opec, which still packed with the current quota around 30 million barrels per day, it is producing more than that. but we are hearing, of course, from opec itself that saudi arabia has reduced its production in november to the lowest level in a year. so that seems to be a way that they will adhere closer to the...